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What is the difference between closed-end credit and open-end credit

What is the difference between closed-end credit and open-end credit
asked 82.0k views
1 vote
What is the difference between closed-end credit and open-end credit

asked
User Kafuchau
by
8.1k points

1 Answer

3 votes
Open-credit has no limit while closed credit has a finite limit.
answered
User Todd Grigsby
by
7.8k points
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